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by valachio
1307 days ago
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I notice this trend on hacker news where there are so many pessimistic comments. It's like an ocean of pessimist people. x is dying, y is dying. FB is not dying. It is literally a money printing machine and will continue to be for many years. Instagram, despite being over a decade old (very old in the internet world), continues to grow [quarter over quarter](https://i.gyazo.com/aee60a22bcc2757f446340c51a17b3bc.png). Where in that photo do you come to the conclusion "Instagram is slowly dying"? Metaverse has not been rejected. If you're like me and follow its progress, you can see making significant improvements year over year but it is still in the early adopter phase. Like it or not, humans want more visceral experiences and putting yourself in a 3D virtual environment is a lot more visceral than staring at a 2D screen. Only a tech boomer would say metaverse is rejected when it's still in its infancy. |
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While i agree, it can be both at the same time.
previously Facebook was a money printing machine that was growing, and was valued accordingly.
now when Facebook is slowly shrinking it is valued accordingly.